Fading · newly observed relationshipLatest completed snapshot · Aug 18 · 16:55 ET

MARKET-DISCOVERED GROUP

Precious Metals Miners

THE TRADER READShared activity without a clean directional read

10 of 10 measured members are falling. Capital-flow confirmation is unavailable.

Price breadth10 of 10 fallingRelative median unavailable

Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow

Activity nowLow_pressureActivity score 22/100

Evidence depth0 support daysLow sample—context, not a validated playbook

EVIDENCE CLOCK

What happened, in timestamp order

1 timed event

TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

20:00 ET
Verified headlineHycroft Extends High-Grade Silver at Brimstone and Vortex Vortex extends ~150 meters west, with 12.5 meters at 375.41 g/t silver, including
SEC 8-K · HYMC

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations

Price sequence unavailableA timestamped price sequence is unavailable.

RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast

WHY NOW

Verified recent context

1 item

Hycroft Extends High-Grade Silver at Brimstone and Vortex Vortex extends ~150 meters west, with 12.5 meters at 375.41 g/t silver, includingSEC 8-K · Latest completed snapshot · Aug 17 · 20:00 ET · HYMC

WHY THIS GROUP EXISTS

Shared filing context

No high-confidence shared filing driver is available. The market relationship is observed, but the cause remains unexplained.

CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming

FSM → BNDInverse historical lead/lag · strength -0.19

FSM → HYGInverse historical lead/lag · strength -0.15

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

No high-confidence filing-linked outsiders are available for this group yet.

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately

AGFSMSKEHLPPTAHYMCCDEEXKSVMSBSW

4/10 active0 rising · 10 falling

MemberUnusual activityToday's moveRead now

AGFirst Majestic Silver Corp.

Most unusual · 100/100

-5.7%

Active; unclassifiedHistorical role unavailable

FSMFortuna Mining Corp.

Elevated · 64/100

-3.0%

Active; unclassifiedHistorical role unavailable

SKESkeena Resources Limited

Elevated · 57/100

-3.2%

Active; unclassifiedHistorical role unavailable

HLHecla Mining Company

Elevated · 56/100

-4.6%

Active; unclassifiedHistorical role unavailable

PPTAPerpetua Resources Corp.

Elevated · 53/100

-2.5%

Active; unclassifiedHistorical role unavailable

HYMCHycroft Mining Holding Corporation

Quiet · 47/100

-8.2%

Watch / laggardHistorical role unavailable

CDECoeur Mining, Inc.

Quiet · 44/100

-4.2%

Watch / laggardHistorical role unavailable

EXKEndeavour Silver Corp.

Quiet · 39/100

-4.8%

Watch / laggardHistorical role unavailable

SVMSilvercorp Metals Inc.

Quiet · 36/100

-3.2%

Watch / laggardHistorical role unavailable

SBSWSibanye Stillwater Limited

Elevated · 36/100

-3.6%

Active; unclassifiedHistorical role unavailable

View exact member values

TICKER	Company	Role now	Today	Observed history	Trader interpretation
AG	First Majestic Silver Corp.	Most unusual	-5.7%	—	Most unusual activity in this snapshot; performance direction may differ.
FSM	Fortuna Mining Corp.	Participating	-3.0%	—	Price participation is not yet confirmed by per-name flow.
SKE	Skeena Resources Limited	Participating	-3.2%	—	Price participation is not yet confirmed by per-name flow.
HL	Hecla Mining Company	Participating	-4.6%	—	Price participation is not yet confirmed by per-name flow.
PPTA	Perpetua Resources Corp.	Participating	-2.5%	—	Price participation is not yet confirmed by per-name flow.
HYMC	Hycroft Mining Holding Corporation	Quiet / lagging	-8.2%	—	Not participating yet; a breadth test or a genuine divergence.
CDE	Coeur Mining, Inc.	Quiet / lagging	-4.2%	—	Not participating yet; a breadth test or a genuine divergence.
EXK	Endeavour Silver Corp.	Quiet / lagging	-4.8%	—	Not participating yet; a breadth test or a genuine divergence.
SVM	Silvercorp Metals Inc.	Quiet / lagging	-3.2%	—	Not participating yet; a breadth test or a genuine divergence.
SBSW	Sibanye Stillwater Limited	Participating	-3.6%	—	Price participation is not yet confirmed by per-name flow.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome

POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

Low structural sample

Only 0 completed episodes across 0 active sessions; treat history as context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support0 daysHow often the cohort identity was observed

Completed episodes0Separate periods of broad group activity

Active sessions0Completed session observations, not trades

Historical cohort observations are not available yet.